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  1. Exclusive: Macquarie leapfrogs Goldman to join top tier of commodity banks

    LONDON (Reuters) - Australia's Macquarie Group Ltd has overtaken Goldman Sachs to break into the top three banks for commodities business, having significantly expanded its U.S. energy operations in...
  2. Wells Fargo hires new law firm to prepare CEO for Senate appearance

    NEW YORK (Reuters) - Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer...
  3. Ackman targets retail investors in ADP proxy contest

    BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc , is turning up the heat in his proxy war for the human...
  4. Mutual fund giant Vanguard says hack at SEC won't hurt clients

    BOSTON (Reuters) - Vanguard Group, the largest U.S. mutual fund company, said on Thursday that the hack into the Securities and Exchange Commission's electronic filings database will not hurt clients.
  5. U.S. household net worth rises again in second quarter 2017

    WASHINGTON (Reuters) - The wealth of U.S. households rose to $96.2 trillion in the second quarter of this year as U.S. stock prices hit record highs and home values continued to climb, a report by...
  6. Wells Fargo CEO to testify before Senate as questions linger over scandal

    WASHINGTON (Reuters) - Wells Fargo Chief Executive Tim Sloan is due to testify before Congress on Oct. 3 as the bank deals with fallout from a sales scandal a year ago that continues to spark new...
  7. Latest Republican assault on healthcare would punish older Americans

    CHICAGO (Reuters) - The Republicans’ battle to repeal Obamacare is starting to look less like warfare and more like a game of whack-a-mole.
  8. U.S. bond funds, tech stocks attract huge inflows: Lipper

    NEW YORK (Reuters) - U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a...
  9. Three tips for smart dividend ETF plays

    NEW YORK(Reuters) - Pop quiz: What percentage of long-term stock market returns are thanks to the humble dividend? Five? 10? 20?
  10. College savings in 529 plans may be worth less than hoped

    CHICAGO (Reuters) - (In this Sept. 20 column, corrects penultimate paragraph to say that the duration of the average 529 fund for 19-year-olds is 4.32 years instead of 4.32 percent, and that many of...

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